Dollar fooled the bears. Forecast as of 03.05.2021

Will the euro-area economy catch up with the US amid the increase in the vaccination rollouts? The answer to this question will determine the EURUSD trend. Some investors doubt a soon euro-area economic rebound, which resulted in the euro drop on the last day of April. Let us discuss the Forex outlook and make up a EURUSD trading plan.

Weekly US dollar fundamental forecast

The US dollar has again surprised the experts. In late 2020, most banks and investment companies forecast the EURUSD growth to 1.25 in the first quarter of 2021. However, slow vaccination in the EU and the… Read full author’s opinion and review in blog of #LiteForex